Apple suffers record loss at Stock market

It was September when the technology giants,
Apple, touched the very peak at NASDAQ, with their stock trading above $ 705. However, the stock closed at $ 595 in
October.

In between, apparently, they became relatively popular because of their new products after witnessing long queues at the shops to buy them. However, it seems like they decreased their users after the tragic death of Steve
Jobs and apparently great economic results.

But financial analysts seem to have it so clear for a month, the Californian-based company is losing points in the stock market.

While it is true that their new iPhone 5 or iPad devices came out in record time, after benefiting them with record sales during its first weekend, the company are digging out in the latest quarterly accounts for selling
fewer tablets as compared to the previous quarter.

Analysts now, in retrospect, are joining setbacks as the failure of the maps in the new iPhone 5, which broke the perfect image of the brand. Nor does it help that image linear and overwhelming brand taking out a new and
amazing iPad seven months after the previous one and was amazing and of course revolutionary.

Worse still, analyst’s fear that people are now turning away to new technology with a good price for a tablet instead of buying the large system that implies a substantial price difference ($ 329 to about 700, depending on
features).

The last movement of Tim Cook, relieving top management to the leading figures of the era Jobs also has removed many comments, but Cook has thus cohesive team in his image and likeness.

The key to Apple’s future will not be decided by the sales of Mac, iPod or even the iPad tablet. It looks like their financial health will remain dependent on iPhone sales for the coming years.

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Posted by Farasat Ali on Nov 1 2012. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry